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To: mishedlo who wrote (68076)8/11/2006 10:22:50 AM
From: ild  Respond to of 110194
 
Asia/Pacific: Exports Are Still Strong

Andy Xie (Hong Kong)

morganstanley.com

The trade growth in this cycle is just astonishing. The combined exports of China, Taiwan and Korea in July 2006 were 2.3 times those in July 2002, equating to annual growth of 24% over the four years. The value of China’s exports is now about 7% below that for the US. Even if global trade cools substantially in the coming months, China is likely to become a bigger exporter than the US in the next year.